Swip appoints Mark Connolly as director of fixed income
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Scottish Widows Investment Partnership has appointed Mark Connolly as director of fixed income.
Connolly has over 30 years’ experience in the fixed income market, his most recent role was as executive director for distribution and client services at Standard Life.
Connolly will have responsibility for the growth of the team and will report to Swip managing director Dean Buckley.
Swip currently runs in excess of £70bn in the fixed income space.
Swip’s fixed-income team took a big hit in August 2009 when Alliance Trust recruited four senior members, including the global head of fixed income Rod Davidson. The group has since appointed Roger Webb as investment director for corporate bonds and James Taylor as investment director for government bonds.
The group has also confirmed that interim director of fixed income Andrew Tunks will continue to oversee the fixed income investment process and the transfer of fixed income funds from Insight to Swip.
Buckley says: “Our investment performance in fixed income during 2009 has been outstanding and we have recently made several key appointments to the team. Under Mark’s leadership we are now very well placed to develop our fixed income offering, enhance our capability and continue to deliver for our investors.”
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